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What Is Model Risk Management and How is it Supported by Enterprise MLOps?

Domino Data Lab

With a framework and Enterprise MLOps, organizations can manage data science at scale and realize the benefits of Model Risk Management that are received by a wide range of industry verticals. It was first defined by the US Federal Reserve and Office of the Comptroller of the Currency ( SR 11-7 ) in April 2011. What Is Model Risk?

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Six Nudges: Creating A Sense Of Urgency For Higher Conversion Rates!

Occam's Razor

Bonus: The best computation of conversion rate is orders divided by users (the default in your analytics tool is sessions). Go to the Multi-Channel Funnels folder in Google analytics and look at two other yummy reports: Time Lag and Path Length. This will bring your conversion rate up (yea!!). Big opportunity. You should.

Strategy 124
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Unintentional data

The Unofficial Google Data Science Blog

This post describes the analytical issues which arise in such a setting, and what the data scientist can do about them. We data scientists now have access to tools that allow us to run a large numbers of experiments, and then to slice experimental populations by any combination of dimensions collected.

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How To Suck At Social Media: An Indispensable Guide For Businesses

Occam's Razor

The benefits are numerous. In my Oct 2011 post, Best Social Media Metrics , I'd created four metrics to quantify this value. Economic Value (EcV) is the value of short and long-term revenue and cost savings. The serious point is that when we choose to invest in Social Media, it comes at a cost. The opportunity cost.

B2B 167